# Banking Crisis Prediction: OECD vs. Non-OECD

| Variable | Full | OECD | Non-OECD |
|:---|---:|---:|---:|
| Z_1 | -0.1589** | -0.4215 | -0.1398** |
| | (0.0701) | (0.3586) | (0.0692) |
| Z_2 | 0.0216** | 0.0555 | 0.0178* |
| | (0.0105) | (0.0485) | (0.0106) |
| Z_3 | -0.0008* | -0.0020 | -0.0006 |
| | (0.0004) | (0.0018) | (0.0004) |
| fiscal_bal_gdp | -0.0002 | 0.0003 | -0.0002 |
| | (0.0003) | (0.0011) | (0.0003) |
| nfa_gdp_lag | -0.0007 | 0.0016 | -0.0006 |
| | (0.0015) | (0.0071) | (0.0014) |
| rgdp_growth | -0.0010*** | -0.0042*** | -0.0009*** |
| | (0.0003) | (0.0014) | (0.0003) |
| kaopen | -0.0016 | -0.0063 | -0.0007 |
| | (0.0012) | (0.0041) | (0.0012) |
|:---|---:|---:|---:|
| N | 5489 | 1301 | 4188 |
| R² | 0.0080 | 0.0084 | 0.0096 |
| Countries | 174 | 37 | 137 |

*Standard errors in parentheses. Logit columns report marginal effects at means.*
*\*p<0.1, \*\*p<0.05, \*\*\*p<0.01*